Skip to main content

Over and Above Mainstream Commercial Success – The Perspective of Gig CXO

 


Time bound responsibility

Immense authority entails great responsibility. This is because followers are far more inclined to trust a leader who has exhibited certain abilities to lead them and get through obstacles whenever and wherever they may emerge. In the circumstance, it is expected of a leader to be the most proficient at solving issues swiftly. Introducing a role of an expert on demand can benefit organizations much, and Gig CXOs will benefit from the freedom, adaptability, exposure, and authority that comes with it. The challenging element is managing people and time. Time is always a constraint on an organization since without it, all of its procedures would be rendered useless while an interim leader has to enhance processes & innovate within a short period of time whilst maintaining the current cycle of an organization.

Understand organizations and people 

As hectic as it may sound, an interim leader, above it all is expected to manage resources well in order to make the seemingly impossible achievable. Top of the resources being people. While processes can be automated which results in the replacement of manpower, machines can always be maintained or replaced quicker than in case of people. To have the right resources, get the best out of them and delegate work is a lengthy process, which requires a leader to be seasoned and have a much better understanding of the organization so that the resources are aligned with the goals of the organization. In case of an interim expert, they are expected to not only understand the organization in no time, but lead others according to the vision of the organization. 

Underrated soft skills 

Today, organizational behavior, human resource management & communication are most crucial prerequisites for C-Suite leaders. They need to strike the perfect balance between the grievances of the people and needs of the organization with the right amount of motivation. The recipe is simpler to grasp than actually make. Let’s take the recent account of Byju’s, the ed-tech giant who has joined the layoff bandwagon by announcing the termination of 500 employees in WhiteHat Jr, 1,100 in Toppr and reports suggest the number may be as high as 2500 across its group of companies. Even while the prime reason for the layoffs is resource efficiency, it nevertheless puts the employees in a dreadful situation where they could wake up every day fearing for their employment. As a result, maintaining order in the midst of turmoil brought on by fear and uncertainty is an extremely fragile task for leaders. 

Supporting internal stakeholders 

Given the complexity of such situations, companies must support their process of managing people and resources in the case of a Gig CXO. Even though they haven't always been a part of that particular organization for a long time, experts bring experience that can help them remain composed and come up with solutions that have been tried and true in the past, solutions that are entirely original, or solutions that combine successful past practices with modern practices. On order to support the efforts of Gig CXOs, organizations need to come up with better provisions, better resources that accelerate the implementation of strategies put forth by the experts and most importantly have a great belief in the expertise and the experience of the interim leader. Like people management is an important function of any C-Suite expert, it is an organization’s responsibility to communicate better with the CXO and understand their needs. 

With competent experts and supportive institutions, let's create better organizations.


Labels:

Comments

Post a Comment

Popular posts from this blog

Why is digital marketing important for Medium and Small Enterprises ?

One of the key differentiators of the success of a business is the number of customers that it can reach as more customers mean more sales volume.   One of the technological innovations that helps a business in this direction is digital marketing . It is indeed a boon for MSMEs as it lets you reach your target audience with ease, simplicity and at very low cost. Cost is always a concern for most MSMEs. Why would anyone not want to use the power of the internet with over 3 billion users to further the cause of their own business? But it is a fact that deploying digital marketing for their own benefit seems a herculean task for many MSMEs as they feel that they are not adept nor attuned for the digital world, they also tend to think that they will not reach their target market or they simply do not have adequate information, lack sufficient human resource and tools to manage the digital world. Here is where organisations like Outsourced CMO can help these MSMEs bridge the
174 comments
Read more

Do marketers need to worry about job losses in AI dominated future ? (Part 1)

The age of AI driven automation is well and truly upon us. Pizza Hut is experimenting with robots called Pepper and virtual assistants like Siri and Alexa are a reality now. According to Pizza Hut the experiment with Pepper will not only make the customer service faster and more efficient but will also make it easier for people to customize their orders. The company expects a reduction in customers’ wait time for orders and far superior and personalized user experience. This does indeed represent a threat to the first line of marketing personnel.   Although it is equally true, that Pepper has not been so successful outside Japan, where it is sometimes available at hotel lobbies as a virtual concierge and was actually fired from a Scottish grocery for less than satisfactory performance! But this can be seen as a step in the learning curve for AI controlled robotics and as we all know that this learning curve is indeed quite sharp.   Marketeers are confused as to h
6 comments
Read more

SHARING IS CARING !..... EVEN FOR STARTUPS !

The Shared Economy Concept, at its core, is based on the most efficient use of money and resources. In the era of start-ups, gathering the resources is the most challenging aspect of any start-up. The broader vision of the founders of a start-up need to be simplified into micro plans so as to achieve the objective initially set. These micro plans focus on the resource requirements of the start –up. By resource requirement we mean all the tangible and intangible forces which are needed to build up the venture. It includes manpower requirements, space requirements and funding to name a few. Since the funds available to a start-up are usually limited, manpower planning plays a crucial role. An essential ingredient to effective leadership is to manage the resources efficiently. As the funds are limited, resource sharing can play an important role in the success of the venture. The technological advancement across all industries today makes resource sharing a very convenient and appropri
1 comment
Read more